Struktur Modal Bank Syariah di Indonesia: Faktor-Faktor yang Mempengaruhinya
DOI:
https://doi.org/10.55606/jumia.v1i2.1247Keywords:
Bank size;Capital Structure; Growth Bank; Profitability; Sharia Bank.Abstract
The banking capital structure by manage appropriately for smooth operations. This study purposes to: analyze the effect of Profitability, Growth Bank, Bank size on the capital structure of Sharia banks in Indonesia. Assess the size effect of Profitability, Bank size, Growth Bank on the capital structure of Sharia banks in Indonesia. The research method used descriptive and verification. Data is obtain from the published Sharia Bank annual financial statement.Sample of this study is 33 Sharia Banks in Indonesia. Data analysis techniques used panel using the program Eviews 9 fixed effect models. The results showed the profitability and Bank Size are negative effect on the structure of Sharia Bank Capital in Indonesia. Growth Bank have no effect on the structure of Islāmic Bank Capital in Indonesia
References
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Oztekin, O. (2015), “Capital structure decisions around the world: which factors are reliably important?”, Journal of Financial and Quantitative Analysis, Vol. 50 No. 3, pp. 301-323.
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Sakti, M. R. P. et al. (2017) ‘Capital structure of Islamic banks: a critical review of theoretical and empirical research’, Qualitative Research in Financial Markets, 9(3). doi: 10.1108/QRFM-01-2017-0007.
Sartono, A. (2005). Manajemen Keuangan: Teori dan Aplikasi. Yogyakarta: BPFE
Sheikh, N. A. and Qureshi, M. A. (2017) ‘Determinants of capital structure of Islamic and conventional commercial banks: Evidence from Pakistan’, international Journal of Islamic and Middle Eastern Finance and Management, 10(1), pp. 24–41. doi: https://doi.org/10.1108/ IMEFM-10-2015-0119.
Syahadatina, F. and Suwitho (2015) ‘Pengaruh Size dan Struktur Modal Terhadap Nilai Perusahaan yang Dimediasi oleh Leverage’, Jurnal Ilmu dan Riset Manajemen, 4, pp. 1–15.
Toumi, K., Louhichi, W. and Viviani, J.-L. (2015), “Alternative financial decision principles: theoretical foundations of Islamic banks’ capital structure”, Recent Developments in Alternative Finance: Empirical Assessments and Economic Implications, Vol. 22 No. 2012, pp. 157-172.
Utami, E., S. (2009). Faktor-faktor yang Mempengaruhi Struktur Modal Perusahaan Manufaktur. Fenomena: Maret. Vol. 7 (1)
Alkhazaleh, A. M. and Almsafir, M. K. (2015) ‘Does Asymmetry of Information Drive Banks’ Capital Structure? Empirical Evidence from Jordan’, International Journal of Economics and Finance, 7(3), pp. 86–97. doi: 10.5539/ijef.v7n3p86.
Al-Mutairi, A. and Naser, K. (2015) ‘Determinants of Capital Structure of Banking Sector In GCC: An Empirical Investigation’, Asian Economic and Financial Review, 5(7), pp. 959-972
Al-Salem, F. H. (2009) ‘International Journal of Islamic and Middle Eastern Finance and Management Article information ’, 2(3), pp. 187–200. Available at: http://dx.doi.org/10.1108/17538390910986326.
Amidu, M. (2007) ‘Determinants of capital structure of banks in Ghana: an empirical approach’, Baltic Journal of Management, 2(1), pp. 67–79. doi: 10.1108/17465260710720255.
Baltacı, N. and Ayaydın, H. (2014) ‘Firm, Country and Macroeconomic Determinants of Capital Structure: Evidence from Turkish Banking Sector’, EMAJ: Emerging Markets Journal, 3(3), pp. 47–58. doi: 10.5195/emaj.2014.46.
Belanes, A. (2015), “Islamic versus conventional banks: a comparative analysis on capital structure”, Afro-Asian Journal Finance and Accounting, Vol. 5 No. 3, pp. 248-264.
Booth, L., Aivazian, V., Demirgüç-Kunt, A. and Maksimovic, V. (2001), “Capital structures in developing countries”, Journal of Finance, Vol. 56, pp. 87-130.
Caglayan, E. and Sak, N. (2010) ‘The Determinants of Capital Structure : Evidence from the Turkish Banks’, Journal of Money, Investment and Banking, (15), pp. 56–65.
Ebrahim, S.M. and Safadi, A. (1995), “Behavioral norms in the Islamic doctrine of economics: a critique”, Journal of Economic Behavior and Organization, Vol. 27, pp. 151-157.
Frank, M.Z. and Goyal, V.K. (2009), “Capital structure decisions: which factors are reliably important?”, Financial Management, Vol. 38 No. 1, pp. 1-37.
GIFR (2017) Islamic Finance: A Catalyst for Shared Prosperity? Available from: https://openknowledge.worldbank.org/handle/10986/25738.
Grais, W. and Kulathunga, A. (2006), “Capital structure and risk in Islamic financial services”, Islamic Finance: The Regulatory Challenge, Wiley, Hoboken, NJ, pp. 69-93.
Gweyi, M. O., Minoo, E. M. and Luyali, N. C. (2013) ‘Determinants of Leverage of Savings and Credit Co-Operatives in Kenya: An Empirical Approach’, International Journal of Business and Commerce, 2(10), pp. 58–65.
Hamza, H. and Saadaoui, Z. (2013), “Investment deposits, risk-taking and capital decisions in Islamic banks”, Studies in Economics and Finance, Vol. 30 No. 3, pp. 244-265.
Haron, R. (2014), “Capital structure inconclusiveness: evidence from Malaysia, Thailand and Singapore”, International Journal of Managerial Finance, Vol. 10 No. 1, pp. 23-38.
Istiqomah, M. and Supriyanto (2017) ‘Analisis Struktur Modal Perbankan Syariah di Indonesia’, JURNAL PENELITIAN, 14(2), pp. 227–244.
Kartini and Arianto, T. (2008). Struktur Kepemilikan, Profitabilitas, Pertumbuhan Aktiva dan Ukuran Perusahaan terhadap Struktur Modal pada Perusahaan Manufaktur. Jurnal Keuangan dan Perbankan. Januari: Vo. 12 (1).
Mabruroh and Chuzaimah (2015) ‘Analisis Struktur Modal pada Bank Syariah di Indonesia’, Syariah Paper Accounting FEB UMS, 2, pp. 305–314.
Mouamer F.M.A (2004) ‘The determinants of capital structure of Palestine-listed companies’, The Journal of Risk Finance, 12(3), pp. 226–241. doi: 10.1108/15265941111136969.
Oztekin, O. (2015), “Capital structure decisions around the world: which factors are reliably important?”, Journal of Financial and Quantitative Analysis, Vol. 50 No. 3, pp. 301-323.
Rajan, R.G. and Zingales, L. (1995), “What do we know about capital structure? Some evidence from international data”, Journal of Finance, Vol. 1 No. 5, pp. 1421-1460.
Sakti, M. R. P. et al. (2017) ‘Capital structure of Islamic banks: a critical review of theoretical and empirical research’, Qualitative Research in Financial Markets, 9(3). doi: 10.1108/QRFM-01-2017-0007.
Sartono, A. (2005). Manajemen Keuangan: Teori dan Aplikasi. Yogyakarta: BPFE
Sheikh, N. A. and Qureshi, M. A. (2017) ‘Determinants of capital structure of Islamic and conventional commercial banks: Evidence from Pakistan’, international Journal of Islamic and Middle Eastern Finance and Management, 10(1), pp. 24–41. doi: https://doi.org/10.1108/ IMEFM-10-2015-0119.
Syahadatina, F. and Suwitho (2015) ‘Pengaruh Size dan Struktur Modal Terhadap Nilai Perusahaan yang Dimediasi oleh Leverage’, Jurnal Ilmu dan Riset Manajemen, 4, pp. 1–15.
Toumi, K., Louhichi, W. and Viviani, J.-L. (2015), “Alternative financial decision principles: theoretical foundations of Islamic banks’ capital structure”, Recent Developments in Alternative Finance: Empirical Assessments and Economic Implications, Vol. 22 No. 2012, pp. 157-172.
Utami, E., S. (2009). Faktor-faktor yang Mempengaruhi Struktur Modal Perusahaan Manufaktur. Fenomena: Maret. Vol. 7 (1)
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Published
2023-04-03
How to Cite
Dodi Dodi. (2023). Struktur Modal Bank Syariah di Indonesia: Faktor-Faktor yang Mempengaruhinya . Jurnal Mutiara Ilmu Akuntansi, 1(2), 204–218. https://doi.org/10.55606/jumia.v1i2.1247
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